The Entitlement Trap

How to Rescue your Child With A New Family System of Choosing, Earning, and Ownership

Dump the allowance-and use a new "Family Economy" to raise responsible children in an age of instant gratification.

Number-one New York Times bestselling authors Richard and Linda Eyre, have spent the last twenty-five years helping parents nurture strong, healthy families. Now they've synthesized their vast experience in an essential blueprint to instilling children with a sense of ownership, responsibility, and self-sufficiency. At the heart of their plan is the "Family Economy" complete with a family bank, checkbooks for kids, and a system of initiative-building responsibilities that teaches kids to earn money for the things they want. The motivation carries over to ownership of their own decisions, values, and goals. Anecdotal, time-tested, and gently humorous, The Entitlement Trap challenges some of the sacred cows of parenting and replaces them with values that will save kids (and their parents) from a lifetime of dependence and disabling debt.

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This is one of my favorite parenting books. The Eyres give many practical suggestions for systems to implement within the family, and offer fun ideas like the Gunny Sack and the Repenting Bench (our kids love these). Highly recommended reading for parents who want to be intentional about raising kids with values and building a strong famiy.